For more information contact: Jarrett Fradin
Office: 773-736-3600 x 117 Cell: 773-551-5976 Jarrett@Straussrealty.com

1601-1609 W. Superior St.

Chicago, IL 60622

Status: For Sale

Approximately 9,547 square feet of land is available at the prominent intersection of Ashland and Superior in West Town. Situated just one block south of Chicago Ave., where the area’s trendiest restaurants and bars are concentrated. The property is zoned C2-3, offering versatility for both commercial and residential development. The zoning permits the development of approximately 23 residential units, with commercial space on the first floor.

  • Sale Price: $2,500,000
  • Property Tax: $11,424
  • MLS: 10992257
  • Loopnet #: 23633024
  • Building Type: Commercial, Development, Multi-family, Mixed Use, Land
  • Site Square Feet: 9,547
  • Zoning: C2-3

Property Details

This is an exclusive opportunity for strategic investors and developers looking to make their mark in the thriving landscape of West Town, Chicago.

For those seeking a larger project, there is an opportunity to acquire the adjacent corner at Ashland and Huron, enabling the development of approximately 31 additional units. This combined offering presents the potential for a total of around 54 units, complemented by commercial space on the first floor. Contact agent for pricing.

Key Highlights:

  1. Strategic Location: Situated just one block south of Chicago Avenue, where the area’s hottest restaurants and bars draw a great crowd.
  2. Development Potential: The parcel is zoned to accommodate a total of 54 residential units with commercial spaces on the first floor – a perfect canvas for your vision.
  3. Surging Residential Development: West Town has witnessed a recent surge in the development of single-family homes, condos, and retail spaces, making it a hotspot for growth.

Why West Town?

  • Dynamic Neighborhood: Experience the pulse of the city in a neighborhood that’s buzzing with life, culture, and an influx of new residents.
  • Proximity to Entertainment: Your future development will be in close proximity to the area’s trendiest establishments, ensuring a steady flow of foot traffic.

Explore the Possibilities:

Whether you’re an experienced developer or an investor seeking a promising venture, these lots offer a canvas for creativity and success. West Town‘s upward trajectory in residential and commercial development makes it a strategic investment for the future.

Act Now!

Contact Jarrett Fradin at 773.551.5976 or jarrett@straussrealty.com to discuss further details about this exceptional opportunity. Don’t miss out on being a part of the West Town growth story!